Membership Charges

Membership Base

The 112 member strong representative body for the bond, money and derivatives markets in India constitutes of:

Public Sector Banks (27 in number)

Private Banks (23 in number)

Foreign Banks (34 in number)

Primary Dealers (07 in number)

Financial Institutions (06 in number)

Insurance Companies (15 in number)

Role of FIMMDA

Functions as the principal interface with Regulators (like Reserve Bank of India, Securities Exchange Board of India, Ministry of Finance - Government of India, International Monetary Fund, World Bank)

Mandated by the Reserve Bank of India for valuation of Government Bonds, Corporate Bonds and Securitized Papers for valuation of investment portfolios of Banks and Primary Dealers